Global Solid Balance Sheet and Fundamentals

U.C.A

Market Cap: €19.6m

A private equity and venture capital firm specializing in investments in start-ups, early venture, mid venture, late venture, bridge, expansion financing, growth financing, management buy-outs, and management buy-ins in small and medium-sized companies.

AgeSA Hayat ve Emeklilik Anonim Sirketi

Market Cap: ₺27.1b

Engages in the pension and life insurance business primarily in Turkey.

Arrow Exploration

Market Cap: CA$92.9m

Operates a junior oil and gas company that engages in the acquisition, exploration, development, and production of oil and gas properties in Colombia and Western Canada.

Sibek

Market Cap: SEK 391.9m

Engages in the investigation, planning, project designing and safety reviewing, inspection, and commissioning management of railway signaling systems in Sweden.

IDT

Market Cap: US$1.6b

Provides communications and payment services in the United States, the United Kingdom, and internationally.

Vistin Pharma

Market Cap: NOK 1.1b

Through its subsidiary, Vistin Pharma AS, engages in the production and sale of active pharmaceutical ingredients (APIs) worldwide.

Socfinasia

Market Cap: €482.0m

Manages a portfolio of tropical oil palm and rubber plantations in Southeast Asia and Africa.

Big Cheese Studio Spolka Akcyjna

Market Cap: zł56.3m

Big Cheese Studio Spolka Akcyjna creates engaging and complex video games.

Excellence

Market Cap: zł30.6m

Produces and sells fruit syrups, drinks, functional waters, and dietary supplements in Poland and internationally.

Enterprise Group

Market Cap: GH₵487.0m

Through its subsidiaries, provides insurance services in Ghana, Nigeria, and the Gambia.

Organización Terpel

Market Cap: Col$2.2t

Operates fuel service stations in Colombia, Panama, Ecuador, Peru, and the Dominican Republic.

Link Bilgisayar Sistemleri Yazilimi ve Donanimi Sanayi ve Ticaret

Market Cap: ₺14.7b

Link Bilgisayar Sistemleri Yazilimi ve Donanimi Sanayi ve Ticaret A.S.

APG|SGA

Market Cap: CHF 728.3m

Provides advertising services primarily in Switzerland and Serbia.

Piraeus Port Authority

Market Cap: €1.2b

Provides port services at the port of Piraeus, Greece.

AppFolio

Market Cap: US$8.8b

Provides cloud-based platform for the real estate industry in the United States.

Naturgy BAN

Market Cap: AR$569.7b

Engages in natural gas distribution business.

Matriks Finansal Teknolojiler

Market Cap: ₺1.9b

Matriks Bilgi Dagitim Hizmetleri A.S produces and sells software and hardware, and offers consultancy services for broadcasting and transmitting data in financial markets to third parties and institutions.

Champions Oncology

Market Cap: US$120.8m

A technology-enabled research company, provides transformative technology solutions for drug discovery and development in the United States.

Logintrade

Market Cap: zł16.4m

Provides e-procurement solutions.

Zwack Unicum Nyrt

Market Cap: Ft69.0b

Manufactures and sells alcoholic beverages in Hungary, Europe, and internationally.

Malta International Airport

Market Cap: €805.0m

Develops, operates, and manages the Malta International Airport.

Travaux Généraux de Construction de Casablanca

Market Cap: د.م30.9b

Engages in the public industrial works and construction business in Morocco.

Digital Network

Market Cap: zł343.7m

Engages in media and advertising business in Poland and internationally.

Türk Tuborg Bira ve Malt Sanayii

Market Cap: ₺56.0b

Produces, sells, and distributes beer and malt in Turkey and internationally.

Build-A-Bear Workshop

Market Cap: US$669.7m

Operates as a multi-channel retailer of plush animals and related products in the United States, Canada, the United Kingdom, Ireland, and internationally.

Mineral Midrange

Market Cap: zł6.5m

Engages in software development.

GreenMerc

Market Cap: SEK 176.7m

A fintech company, provides a software platform for digital assets and traditional fintech services in Sweden.

Trencor

Market Cap: R187.4m

Provides cash holding and administrative services in South Africa.

Mermeren Kombinat AD

Market Cap: €180.0m

Engages in mining, processing, and distribution of marble and decorative stones under the SIVEC brand name in North Macedonia, China, Greece, Balkan region, and internationally.

Flowsparks

Market Cap: €50.4m

Provides e-learning solutions in Belgium and internationally.

Sygnia

Market Cap: R4.7b

A financial services group, provides investment management and administration services to institutional and retail clients primarily in South Africa.

Ten Square Games

Market Cap: zł526.0m

Engages in providing mobile games worldwide.

Hifab Group

Market Cap: SEK 212.9m

Provides project management and consulting services in Sweden, rest of Europe, Asia, and Africa.

Eunisell Interlinked

Market Cap: ₦3.2b

Develops, manufactures, and markets various polymeric, porcelain, and metallic products in Nigeria.

Banvit Bandirma Vitaminli Yem Sanayii Anonim Sirketi

Market Cap: ₺20.9b

Operates as a food company in Turkey.

Vitreous Glass

Market Cap: CA$39.0m

Vitreous Glass Inc. cleans, crushes, and sells waste glass to the fiberglass manufacturing industry in Canada.